Plus500 (LON:PLUS) Rating Reiterated by Liberum Capital
Plus500 (LON:PLUS)‘s stock had its “buy” rating reaffirmed by Liberum Capital in a research note issued on Monday, ThisIsMoney.Co.Uk reports.
Several other research analysts have also recently commented on PLUS. Peel Hunt upgraded shares of MJ Gleeson to a “hold” rating and boosted their price target for the stock from GBX 715 ($9.34) to GBX 745 ($9.73) in a report on Thursday, July 4th. Berenberg Bank upgraded shares of Eutelsat Communications to a “buy” rating and set a $19.00 price target for the company in a report on Friday, April 12th. Finally, Peel Hunt reiterated a “reduce” rating and set a GBX 526 ($6.87) price target on shares of Plus500 in a report on Friday, June 28th. Three research analysts have rated the stock with a sell rating, one has given a hold rating and one has given a buy rating to the company’s stock. Plus500 presently has an average rating of “Hold” and a consensus target price of GBX 673.60 ($8.80).
LON PLUS opened at GBX 656 ($8.57) on Monday. Plus500 has a 52 week low of GBX 399.70 ($5.22) and a 52 week high of GBX 2,076 ($27.13). The firm has a market cap of $739.33 million and a PE ratio of 1.97. The business’s 50 day moving average price is GBX 603.06.
Plus500 Ltd. develops and operates an online trading platform for individual customers to trade contracts for difference (CFDs). Its platform allows its customers to trade CFDs over approximately 2,200 financial instruments, such as equities, indices, commodities, options, exchange-traded funds, cryptocurrencies, and foreign exchange in approximately 50 countries in 32 languages.
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